Hello!

Yes, scholarship is available for having annual income of less than Rs 50000.

The names of some such scholarships are:

• Shubh Aarambh Scholarship for annual income less than 3 lakh
• National Means Cum Merit Scholarship for annual income less than INR 1.5 lakh
• North South Foundation Scholarship for annual income of less than INR 90000
• Baba Gurbachan Singh Scholarship Scheme for annual income of less than INR 3.5 lakh

For further information, please refer to this link:

https://school.careers360.com/articles/scholarships-in-india/amp

Best wishes